California Probate Code CHAPTER 16 - Granting Option to Purchase Real Property

• Section 9960.
  After authorization by order of court obtained under this chapter, the personal representative may grant an option to purchase real property of the estate for...
• Section 9961.
  To obtain an order under this chapter, the personal representative shall file a petition containing all of the following:(a) A description of the real property.(b) The terms...
• Section 9962.
  The purchase price of the real property subject to the option shall be at least 90 percent of the appraised value of the real property....
• Section 9963.
  Notice of the hearing on the petition shall be posted as provided in Section 1230 and given as provided in Section 1220 to all of...
• Section 9964.
  (a) The court shall make an order authorizing the personal representative to grant the option upon the terms and conditions stated in the order if the...
• Section 9965.
  An option granted pursuant to an order made under this chapter, whether within or beyond the administration of the estate, is subject to Chapter 4...
• Section 9966.
  No omission, error, or irregularity in the proceedings under this chapter shall impair or invalidate the proceedings or the granting of an option pursuant to...

Last modified: October 22, 2018